Trusts Attorney in Englewood, OH
When you think of estate planning, you usually think of a simple will as the backbone of any estate plan. Over the past decade, however, many people have found that wills are not necessarily the best option for every estate and every person. A trust—like a will—specifies how your assets will be distributed. The primary advantage of a trust over a will is that the probate court has no involvement in a trust. A trust can be structured to take effect before your death, after your death, and in the event of incapacitation. A will takes effect only upon death, then must be probated. Probate can be a lengthy, public, and expensive process.
A trust can accomplish many different goals, including transferring property, minimizing estate taxes, preserving assets for minors until they are adults, ensuring a special needs adult is taken care of while maintaining eligibility for government programs and benefitting a charity. While the up-front costs of a trust may be higher than those of a will, in the long run, a trust can save your family money, time, and headaches.
Your Family's Peace of Mind is Priceless
Read Our Former Clients' Five-Star Reviews
Our compassionate and through approach to Estate Planning makes a real difference in our clients' lives. Read reviews in their own words below.
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George and his crew provide the best in customer service and have an outstanding work ethic. They have always been there to help us when needed!- Mark S.
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Bill was very friendly, knowledgeable, and kind. He made Estate Planning fun, fast and easy. We both feel relief to know our wishes are spelled out and our assets are protected!- Sherry C.
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He explained each step 100 percent. He takes the time to talk WITH you, not TO you. I am so thankful I went to his seminar and took advantage of the free consultation.- Rosa S.
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George Lovett made our estate planning easy to understand and informative. He used our personal information to create a plan that was tailor-made to us.- Pamela O.
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We were very pleased with the service, expertise, and attentiveness we received. We are glad that we choose Lovett & House for this.- Pat D.
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George Lovett has helped my family tremendously. He always explained our options and took care of us with the utmost professionalism.- Marlene W.
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They made it easy to update our estate planning needs. All our questions were answered in easy to understand language and we didn't feel overwhelmed.- Rita S.
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he Estate Trust planning was easy to do with the Lovett & House. George H. Lovett and William H. House were very knowledgeable and helpful.- Judith A.
How Can a Trust Benefit You and Your Unique Situation?
The benefits you will receive from a trust will depend on your financial situation, goals, and family needs. Trusts can be a flexible way to address many objectives, both simple and complex. Some of the ways a trust could benefit you include:
- Asset protection and preservation
- Customization of asset distribution
- Minimization of state or federal taxes
- Addresses divorce, blended families, and other family dynamics
- Caring for an adult special needs child
- Continuation of charitable giving
- Management of a parent’s financial affairs
How Can an Experienced Englewood Trust Attorney from Lovett & House Help?
Having a trust prepared can be the first step in ensuring you have a comprehensive estate plan in place. The Lovett & House attorneys are ready and waiting to help you take this important first step, all the while ensuring your estate plan is as unique as you and your situation. We understand that you have choices when you are ready to have an estate plan prepared—and we hope you will give us a chance to show you why we are the best choice.
Contact Lovett & House today.